MoRTH Signs MoU with BharatBenz

On 23rd June 2026, the Ministry of Road Transport and Highways (MoRTH) signed a Memorandum of Understanding (MoU) with Daimler India Commercial Vehicles (DICV), owner of the BharatBenz brand, under the Centre’s scheme for replacement of old trucks and buses in the Delhi-NCR region.

Under the agreement, BharatBenz will provide an 8% discount on the ex-showroom price of eligible trucks and buses purchased under the scheme.
For electric vehicles, the discount will be capped at the level applicable to an Internal Combustion Engine (ICE) vehicle of the equivalent Gross Vehicle Weight (GVW) category.
In addition to discounts offered by participating vehicle manufacturers, the Central Government will provide a 5% interest subvention to eligible beneficiaries.